Both posting heavy losses AGR woes for telecom operators - 24th Jan deadline for payments, airtel 35k crore outstanding, idea 50k crore outstanding
both want curative measures from govt airtel claims will be routing some funds from funding that they have secured, idea hasn't published what they would be doing
Why is airtel stock price increasing and idea stocks price decreasing ? does this mean idea losses would be airtel gain
some analyst say if idea goes down (other than this AGR they have other problems as well to fight for - losing subscribers, Vodaphone idea integration woes) - 100 million subscriber base of idea would be for grabs and airtel & Jio would be beneficiaries
Is Airtel a good bet? don't know about long term but for short term yes
Technicals - heavy volume - Price in the Sell zone buy above yesterday's high
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